Polaris Inc. — Director's Dealing 2020

Jan 31, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Polaris Inc. (PII)
CIK: 0000931015
Period of Report: 2020-01-29

Reporting Person: Speetzen Michael T (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-29	Common Stock	A	4893	$0.00	Acquired	17868	Direct
2020-01-29	Common Stock	A	5350	—	Acquired	23218	Direct
2020-01-29	Common Stock	F	2663	$94.54	Disposed	20555	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-29	Employee Stock Option (right to buy)	$94.54	A	42123	Acquired	2030-01-29	Common Stock (42123)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	352	Indirect
Common Stock	352	Indirect
Common Stock	352	Indirect
Common Stock	352	Indirect

Footnotes

F1: Shares acquired in settlement of an equal number of performance restricted stock units upon vesting of the units.

F2: Each performance restricted stock unit represented the right to receive one share of the Issuer's common stock upon the vesting of the units.

F3: Shares withheld to satisfy reporting person's tax withholding obligation upon the vesting and settlement of performance restricted stock unit award.

F4: Shares held by daughter who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the reporting person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.

F5: The option vests in three equal installments on January 29, 2021, January 29, 2022, and January 29, 2023.